Mid-America Apartment Communities, Inc. (MAA) earnings on July 29, 2026
More Mid-America Apartment Communities, Inc. earnings
Prior outlook: Pessimistic Outcome: Accurate
Mid-America Apartment shares fell after the company narrowed its future profit forecast.
MAA price around the earnings
133.32
Change: -3.0%
2026-07-30, 20:00 UTC
Start of the measured window
End of the measured window
132.05
133.91
135.78
137.64
137.38
July 29, 2026
July 29, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Analysts maintain hold with limited upside; negative quarterly earnings growth persists despite a strong recent record of beating estimates.
Context analyzed before publication
- Trend
- Recent sharp decline into earnings, following a period of mixed trend strength, suggests the price comes from a strong recent drop conditions.
Analysts
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 2.54
- Analysts covering the stock
- 25
- Average price target
- 143.08
- Lowest price target
- 121
- Highest price target
- 162
- Upside to price target
- 4%
- Quarterly earnings growth
- -31.5%
- Revenue growth
- 0.8%
- Forward EPS
- 3.28
- Trailing EPS
- 3.3
- Analyst moves in the last 60 days
- 9
- Strong buy: 2
- Buy: 7
- Hold: 14
- Sell: 1
- Strong sell: 2
- Strong buy
- 2
- Buy
- 7
- Hold
- 14
- Sell
- 1
- Strong sell
- 2
- July 22, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- July 21, 2026 · Piper Sandler: Maintains rating (Neutral → Neutral)
- July 16, 2026 · JP Morgan: Initiates coverage (Neutral)
- July 14, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- July 9, 2026 · Scotiabank: Maintains rating (Sector Underperform → Sector Underperform)
- June 25, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- June 18, 2026 · Scotiabank: Maintains rating (Sector Underperform → Sector Underperform)
- June 10, 2026 · Truist Securities: Maintains rating (Buy → Buy)
- June 10, 2026 · Mizuho: Maintains rating (Outperform → Outperform)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (5)
- Wells Fargo Maintains Overweight on Mid-America Apartment, Raises Price Target to $148 (opens in a new tab) — Benzinga
- Piper Sandler Maintains Neutral on Mid-America Apartment, Raises Price Target to $143 (opens in a new tab) — Benzinga
- JP Morgan Initiates Coverage On Mid-America Apartment with Neutral Rating, Announces Price Target of $147 (opens in a new tab) — Benzinga
- Barclays Maintains Equal-Weight on Mid-America Apartment, Raises Price Target to $147 (opens in a new tab) — Benzinga
- Scotiabank Maintains Sector Underperform on Mid-America Apartment, Raises Price Target to $137 (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 135.56
- Average true range (ATR)
- 1.6%
- Distance to 52-week high
- -5.4%
- 14-day change (14d)
- +1.4%
- 30-day change (32d)
- -3.7%
- 30-day relative strength
- -5.3%
- SPY change (32d)
- +1.6%
- Nearest support
- 135.53
- Distance to nearest support
- 0%
- Nearest resistance
- 135.95
- Distance to nearest resistance
- 0.3%
- Volume accumulation ratio (14d / 46d)
- 1
- Mid: 135.53 (0% away, 0.02 ATR, 18 touches)
- Mid: 134.91 (0.5% away, 0.29 ATR, 18 touches)
- Major: 134.2 (1% away, 0.61 ATR, 47 touches)
- Major: 135.95 (0.3% away, 0.18 ATR, 29 touches)
- Major: 137 (1.1% away, 0.65 ATR, 22 touches)
- Mid: 137.67 (1.6% away, 0.95 ATR, 12 touches)
Trends
Evidence
- Average earnings surprise
- +8.3%
- April 29, 2026: actual EPS 1.06 vs estimate 0.84 (surprise +26.4%)
- February 4, 2026: actual EPS 0.92 vs estimate 0.9 (surprise +2.6%)
- October 29, 2025: actual EPS 0.85 vs estimate 0.85 (surprise +0.4%)
- July 30, 2025: actual EPS 0.88 vs estimate 0.85 (surprise +3.7%)
Expected move
- Implied move
- +1.3%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 2%
- 75th percentile move
- 3.2%
- 90th percentile move
- 4.4%
- Up / down moves
- 13 / 7
- Average up move
- +2.2%
- Average down move
- -2.3%
Monitoring and close
What Mid-America Apartment Communities, Inc. reported
- Status
- Finished
| Actual EPS | 1.04 |
|---|---|
| EPS estimate | 0.78 |
| EPS surprise | +33.8% |
MAA Q2 FFO misses estimates as same-store NOI falls, but improving lease trends and steady development pipeline. Optimistic 2026 outlook.
Sources (10)
- Mid-America Apartment Q2 FFO Misses Estimates as Same-Store NOI Falls (opens in a new tab) — Zacks
- Evercore ISI Group Maintains In-Line on Mid-America Apartment, Lowers Price Target to $130 (opens in a new tab) — Benzinga
- Mid America Apartment Communities (MAA) Stock Looks Below Fair Value With Cash Flow But Above Fair Value On Earnings (opens in a new tab) — Simply Wall St.
- Mid-America Apartment Communities (MAA) Meets Q2 FFO Estimates (opens in a new tab) — Zacks
- Mid-America Apartment (MAA) Posts Massive Earnings Beat While Revenue Slightly Misses Estimates (opens in a new tab) — ChartMill
- Mid-America Apartment Sees Q3 FFO $2.04-$2.16 vs $2.11 Est (opens in a new tab) — Benzinga
- Mid-America Apartment Narrows FY2026 FFO Guidance from $8.37-$8.69 to $8.41-$8.65 vs $8.51 Est (opens in a new tab) — Benzinga
- Mid-America Apartment Q2 FFO $2.08, Inline, Sales $555.127M Miss $556.716M Estimate (opens in a new tab) — Benzinga
- MAA REPORTS SECOND QUARTER 2026 RESULTS (opens in a new tab) — Yahoo
- Earnings per share: $1.04 vs $0.78 expected — above expectations. — Yahoo Finance
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -3.0%
- Max favorable move (MFE)
- 3.9%
- Max adverse move (MAE)
- 0.2%